Thursday, June 25, 2009

Here are the stocks that are passing at least three of my five filters for the week of Jun 22.

Symbol

Top Ranked

Zacks

PEG

SuppDem

VL

IBD Stock checkup

ARO

1

1

1

1

99

CMG

1

1

1

99

FUQI

1

1

1

99

GMCR

1

1

1

99

HMSY

1

1

1

99

NFLX

1

1

1

99

APSG

1

1

1

98

RIMM

1

1

1

98

TXRH

1

1

1

98

BWLD

1

1

1

96

WMS

1

1

1

96

IBM

1

1

1

89

DBRN

1

1

1

87

PNRA has fallen off the core list. TXRH is new to the list. Texas Roadhouse runs a chain of steakhouses. I am not sure why restaurants are still making the core list. Don't they know there's a recession going on?

Core list (with n of 10 weeks passing):

Symbol

Passing weeks

Earnings

ARO

10

Earn 20-Aug

TNDM

8

HMSY

7

Earm 31-Jul

BWLD

7

Earn 28-Jul

CMG

7

GMCR

7

Earn 28-Jul

IBM

7

Earn 16-Jul

NFLX

7

Earn 29-Jul

TXRH

5

moving down this week

moving up this week

new this week

With its fall below its 45-week moving average, the markets have slipped into Red Light mode according to the 1-2-3 model. This means that it is a bad time to own stocks. The Inflation Model is up to three-and-a-half stars ("inflation danger").

This is a worrisome situation. Stocks had managed to just touch positive territory for the year, only to fall back. I keep hearing about the "green shoots" (the start of economic recovery) but Wall Street seems unconvinced.

Many things are indicating caution, so please approach any purchases with caution.

Tuesday, June 16, 2009

Here are the stocks that are passing at least three of my five filters for the week of Jun 15.

Symbol

Top Ranked

Zacks

PEG

SuppDem

VL

IBD Stock checkup

ARO

1

1

1

1

99

CMG

1

1

1

99

FUQI

1

1

1

99

GMCR

1

1

1

99

HMSY

1

1

1

99

NFLX

1

1

1

98

TXRH

1

1

1

98

APSG

1

1

1

97

BWLD

1

1

1

97

BKE

1

1

1

96

TNDM

1

1

1

96

DBRN

1

1

1

93

WMS

1

1

1

92

IBM

1

1

1

85

There are no new or old stocks for the core list this week.

Core list (with n of 10 weeks passing):

Symbol

Passing weeks

Earnings

ARO

9

Earn 20-Aug

TNDM

9

HMSY

7

Earm 31-Jul

PNRA

5

Earn 28-Jul

NFLX

6

BWLD

6

Earn 28-Jul

CMG

6

GMCR

6

Earn 29-Jul

IBM

6

Earn 16-Jul

moving down this week

moving up this week

new this week

The S&P 500 is again in a cautious Yellow Light mode according to the 1-2-3 model. The Inflation Model is down to three stars ("some inflation risk").

I do not understand why, but the S&P PE ratio according to Barrons more than doubled from 15.93 to 36.41. The Barrons data has been discontinuous before, but never had quite so large a jump. That jump above 17 was exactly countered by the S&P crossing over its 45 week average, which kept the indicator at a Yellow Light. All of the Inflation model change is due to XLF climbing above its figure from 6 months ago.

The Dow climbed into positive territory for the year, only to drop back below it on Monday and Tuesday. Oil is continuing to climb to its highest point this year.